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Nearly one year after its reorganization plan was confirmed by the U.S. Bankruptcy Court for the Southern District of New York, and almost two years after it landed in bankruptcy, network operator Global Crossing Ltd. exited Chapter 11 protection on Tuesday. The company also closed a $250 million equity investment from Singapore Technologies Telemedia Ptd Ltd., which was the centerpiece of its reorganization.
December 11, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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